“As the world enters a super-cycle of electrification, Suzlon 2.0 is built to partner with customers and nations to accelerate the energy transition. We deliver energy security through firm, reliable, and affordable wind-first, full stack renewable solutions- from concept to commissioning to lifetime asset management. In the next 5 years, we aim to grow our renewable fleet under management by 4x to 70 GW and annual RE sales of 10 GW,” Girish Tanti, Vice Chairman, Suzlon Group said in a statement.
Suzlon 2.0 is anchored by a new business architecture comprising of Wind-First Full stack RE Tech Solutions, RE DevCo, RE Projects, and RE Asset Management, the company said.
Together, these businesses create an integrated platform that enables renewable energy delivery at scale with speed, certainty, and long-term performance while powering reliable, accessible, affordable, and intelligent energy systems, it added.
The targeted growth will be supported by a 40 per cent market share in India’s wind market, 3 GW export order intake, and a shift towards a higher-value mix by targeting a 60 per cent volume contribution from RE DevCo, Suzlon said.
Wind-first Full stack RE solutions
Suzlon is India’s first full-stack renewable energy company encompassing all technologies – Wind + Solar + BESS + Energy Management Service under a single, bankable delivery model.
The ambition is to scale annual renewable sales to 10 GW by FY31 by becoming a lifetime trusted partner for clients for all their renewable energy needs, the company said.
In wind, it said it will continue to innovate market defining turbines.
In solar, Suzlon is going for an asset-light model where it will leverage ecosystem partnerships. The model solves the challenge of fragmented renewable procurement and execution through a single accountable partner.
Wind
Suzlon said it expects to maintain 40 per cent market share in India and secure 3 GW of order intake in exports by FY2031.
Growth will be driven by ‘BlueSky’ product platform with next-generation high-capacity wind turbines – S175 (5 MW) and S163 (6.3 MW), alongside a comprehensive portfolio spanning 2 MW to 6+ MW.
Storage
Suzlon is foraying into intelligent battery energy storage systems (BESS) to make renewable energy more reliable, dispatchable and grid-ready.
The company plans to establish a BESS manufacturing facility by 2027, focused on developing intelligent storage solutions tailored to Indian grid conditions. The business solves renewable energy intermittency and grid reliability challenges.
RE DevCo
Suzlon said RE DevCo is India’s first and only integrated co-development platform converting renewable potential into execution-ready sites at scale.
Built on long-horizon partnerships of 3-5 years, it helps customers scale their renewable energy portfolios faster than ever through end-to-end development capabilities across land, grid connectivity, approvals and project execution. Backed by 30-years of wind leadership, the platform solves one of the biggest bottlenecks of the sector – project readiness, speed to market and scale.
RE Projects
Suzlon is scaling its EPC platform to deliver integrated Wind, Solar and BESS projects with greater speed, quality and predictability. It solves execution challenges by reducing project delays and improving delivery certainty.
RE Asset Management Services
Suzlon aims to grow its asset under management to four-fold to 70 GW by FY2031 creating a large annuity business.
The company is expanding its asset management services across wind, solar, hybrid and multi brand portfolios. Leveraging digital pathways and a nationwide service network, it will maximize asset performance across lifecycle. The business solves the challenge of maintaining long term reliability, efficiency and returns from renewable energy assets.
“RE DevCo will be the growth engine of Suzlon 2.0. As India’s first integrated renewable energy co-development platform, it is designed to solve the industry’s biggest challenge by accelerating project readiness, scale, and reducing time-to-market. We aim to capture 60% of our volume contribution from RE DevCo,” Ajay Kapur, Chief Executive Officer, Suzlon Group said.
“The world no longer needs just more clean energy – it needs clean energy that works. As energy becomes the foundation of economic growth and human progress, reliability matters as much as sustainability,” Dharini Mishra, Chief Brand and Reputations Officer, Suzlon Group, said.